Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador - 2022

Contents:

  1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador (CIF) - 2022
  2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador (FOB) - 2022
  3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador
  4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,190 per ton in 2022, picking up by 40% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,500 per ton), while the price for China totaled $1,106 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+89.2%).

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $3,434 per ton in 2022, growing by 16% against the previous year. Over the period under review, the export price saw resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 93%. The export price peaked at $4,655 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($14,856 per ton), while the average price for exports to Colombia ($1,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+64.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador

In 2022, overseas purchases of tubes, pipes and hollow profiles, of cast iron decreased by -56% to 1.6K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 243%. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron contracted remarkably to $1.9M in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 157% against the previous year. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.02.90.91.719.3%
United Arab EmiratesN/AN/A1.9N/A0%
Others0.20.20.30.20.0%
Total1.23.13.11.916.6%

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Ecuador in 2022:

  1. China (1539.2 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador

After three years of growth, shipments abroad of tubes, pipes and hollow profiles, of cast iron decreased by -40.6% to 7.3 tons in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 125%.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron surged to $63K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 288%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.14.053.0709.3%
Peru0.20.54.75.1194.3%
Colombia6.27.426.64.8-8.2%
ChileN/A1.1N/AN/A0%
OthersN/A0.20.7N/A250.0%
Total6.59.336.062.8113.0%

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Ecuador in 2022:

  1. United States (4.0 tons)
  2. Colombia (2.8 tons)
  3. Peru (0.3 tons)

Source: IndexBox Market Intelligence Platform

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